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steer america towards a fiscal cliff. we have voted 65 days this year in the united states senate. there are a number of things. you raise the one about the payroll tax cut, we haven't passed an appropriations bill this year. why is that? harry reid laid it out earlier in "the national journal." forget passing bills, the democrats want to pass the blame game. i see this. we haven't figured out if they are going to pay doctors next year. 30% cut. the president says he has extended the life of medicare, only if he lowers what they pay doctors who take care of doctors 30% and freezes that for the next 10 years. for somebody on medicare, they will have a difficult time finding a doctor to take care of them. host: it appears something fleeds to be done. your payroll tax conferee last year agreed to extend the payroll tax cut holiday for another year. are you in favor of doing so again? guest: i voted against the conference committee report. i don't think it's going to be extended this year. we are looking at tax rates going up. death tax coming back in a much more onerous way. there is
's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry. and in ohio, a key swing state fueled by cars, president obama promised a crack down: >> these are subsidies that directly harm working men and women on the assembly lines in ohio and michigan and across the midwest. it is not right, it is against the rules, and we will not let it stand. >> reporter: the administration said that between 2009 and 2011, the chinese government offered up at least $1 billion in subsidies
for half of our fellow american americans is the other side's choice for president of the united states. he wants to lead our country. in 2008, then candidate obama spurred similar controversy when he was caught on tape at a fund-raiser making these comments about conservative voters. >> it's not surprising then that they get bitter. they cling to their guns or religion or antipathy towards people who aren't like them. >> now, of course, all of this is coming as romney is trying to talk about jobs. that's the point he was making here in los angeles. chamber of commerce, when he spoke to that group yesterday. this is a distraction now for him. he heads off to utah and texas. he has fund-raisers there. >> how troubled are they by this? >> they think this is unfortunate. not so much his underlying point, which doesn't really contradict his campaign message, but the way he said it. there's no plans now to really back off this, issue an apology. because it does kind of square with a lot of romney's message, which is that the president has a campaign that wants more government, big government. an
is suspending joint missions between the united states soldier and afghan soldiers with a growing number of insider attacks. what does this mean for the end of the war? or the war now? we have details from the pentagon. and the attack on diplomatic missions across the middle east putting foreign policy on the campaign trail controversial. the potential impact on the undecided voters coming up. a study suggests letting your kid take the occasional sip of alcohol may really not be the best way to stop your child from becoming a heavy drinker later on. that is all ahead unless breaking news changes everything. this is "studio b." but, first, from fox at 3:00 in new york city, the race if the white house. the republican presidential nominee, mitt romney, is responding today to a video shot in may during a private fundraiser. an attendee secretly recorded and it gave it to the liberal website "mother jones." in the video, he touches on everything from foreign policy to the economy. at one point he calls president obama supporters "people who are dependent upon the government who believe they
. >> the united states as a matter of policy does not take position with regards to competing sovereignty claims. it's important that diplomatic means on both sides be used to try to constructively resolve these issues. >> japanese business people in china have looked out of their pla plants. they don't like what they see. what's t view from the facto factori factories. >> some are seeing protesters and they are pulling down their shutters as protesters turn nasty in china japanese are closing down their factories and stores. honda motor will stop operations at five plants. they say it will be hard to ship products amid possible violence. another carmaker plans to shut down its factory for four days from tuesday. electronics firms panasonic is halting work. retailers are taking similar precautious. the super market chain will keep a store closed for the time being. executives decided to keep their three department stores closed for some time. ito and 7-eleven are playing it safe. they are shutting some of their outlets on tuesday. japanese business leaders have cancelled a tour to china. they pl
our around the muslim world over the anti-islam video produced in the united states. at least two men were killed in violent protest in pakistan. >> police were attack -- were attacked and patrol cars were set ablaze in the capital and left can stand. a leader of hezbollah says the u.s. faces serious repercussions it allows the full video to be released. >> it was a rare appearance before the leader of hezbollah who has been in hiding since the 2006 war with israel. but he spoke to protesters rallying in beirut. he claimed recent demonstrations were the beginning of an uprising throughout the muslim world. he called for his followers to prevent the publication of " innocent of muslims" and said those responsible should be punished. >> of the united states is just using freedom of expression as an excuse. they need to understand publishing this film will have consequences. >> the controversy surrounding the low-budget film may have come just in time. his support for the long time has blocked ally assad angered many in the arab world. now he can claim to be a defender of the muslim fait
to the united states. the court said he tried to conceal the murder of a british businessman committed by the wife of one of the nation's most senior politician. the verdict is due in about 10 days. >> in the capital of afghanistan, a feeble suicide bomber has killed at least 12 people, most of them foreigners. the clip claiming responsibility said it was a reaction -- the group claiming responsibility said it was reaction to a film that was blasphemous to islam. >> this is the single deadliest incident connected to that film so far. >> little remains of the car the attacker used tear ran into a small bus on its way to the airport. most of the passengers were pilots for an international air cargo company. >> the foreigners killed in this attack or of russian and south african nationality. >> shortly after the explosion, a radical islamic group claimed responsibility for the attack, saying the bomber was a 20-year- old afghan woman. a spokesperson said the attack was retaliation for the anti- islam video, "innocence of muslims" which portrays the profit, as a womanizer and a child abuse
of the countries wider fiscal troubles. no doubt the united states faces a serious fiscal predicament that could turn into a crisis of credit, confidence, of our position in the world if not addressed. at some point financial insolvency at home will turn into strategic insolvency abroad. we are not there yet, but the longer the united states government delays in getting with countries long-term fiscal problems, will only make dealing with them later more painful and potentially more risky in terms of national security. we will get a preview of how damaging this scenario could be at the end of december when hundreds of billions of dollars in mindless across the board spending cuts will take effect for 2013. adding up to more than $1.2 trillion in reduced discretionary spending over the next decade. half of that coming from defense. the result would be grave damage to the u.s. military, homeland security, aviation safety, and virtually all other essential government operations. according to most experts, taking so much money out of the u.s. economy so soon and without any strategy, rationality, or
to us by the congress of the united states which represents the american people. >> what does that mean in terms of numbers? >> 2% growth. >> are we at two? kevin was very careful, he went 1.5 to 1.75. >> that's very precise. >> i want basis points. >> decimal points is silly stuff, come on, joe. >> i know. >> there is positive growth, it's just not robust and the key point, it's not enough to create the jobs we need in this country. now, i argue and i argue forcefully, i'll give a speech on this tomorrow night here in new york, the reason we have so much uncertainty is not just uncertainty about europe and uncertainty about the slowdown in china, these are important things. the real uncertainty stems from what are my taxes going to be? what kind of spending pattern also come out of the federal government, how do i deal with this explosion of regulatory morass we have coming out of washington. how do you budget whether you are exxon or a little bitty 20-person company, how does the woman who runs that company or the man who runs that company budget when they have no idea what their cost
the state of the economy than any other government reports we're getting. ashley: united states is one of the world's most economically free countries. think again. the cato institute says the u.s. dropped from the top 10 to 18th on the list in its annual report. coauthor ian vasquez will be our special guest ahead to explain that. 18th in economic --. tracy: we were 10th last year. he has got to tell us what is going on. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. nicole we're down about eight points right now? >> right. the truth is yesterday we gave back about 40 points. wee had two weeks in a row about gains. fed stimulus and bond buying extending low rates. everyone seems to be taking a bit of a breather. right now the dow is down as are s&p and nasdaq as well, all to the downside. down .1 or .2 of a percent. we have winners like apple which obviously broke new records. fedex has come under pressure. fedex once again is warning about a tough global economy. so they came out with their numbers today. they
these great products. now, having said that the expansion of the united states is very slow. we are down to 1 1/2 to 2% of gdp expansion. that is, like phil and i talked many time, the lowest, slowest expansion we have ever had following a deep recession. clearly, one of the worst recessions we have ever been in. we are very pleased that we are recovering in the automobile industry and in ford's care the pent-up demand is incredible. the average age, phil, is like 11 years old now. these new vehicles you can get from ford, you can economically replace your older vehicle. so we are so just gratified that we invested during the toughest time and we have the products now to help lead this economic recovery but it is a slower recovery than we have had in the past, for sure. >> so what did you say? i don't mean to beat this into the ground, yes or no? is america in better shape now than it was four years ago? >> clearly not in the deep recession that we were and we are starting to recover. so, this is a very positive thing. the thing i like about the debate is what can we do to increase the rate o
this year particularly in the united states and i think we were due for it a bit of a correction. but overall the story has been one of tail risks and tail valuations. the relative valuations of stocks and bonds are extreme around the developed world and as central banks have moved in and removed some of the tail risks, as that has happened i think markets are a subdued global economy, because more global economy. >> well, oil certainly has gotten focus in the wake of the fed's move on qe infinity. is it your view that prices have further room to run if stocks do as well? i know you're sort of a little cautious on the macro picture here. but macro might not matter if there's more support from the central bank. >> i don't think that oil prices will get pushed up by the global economy that much the question is whether there be a coordinated attack on the nuclear iranian facilities. if that happens and disrupts oil supplies, that could obviously push oil prices much higher. so i think there is a certain amount of sort of middle east tension risk built into oil prices. hard to disent
. > > florida might be the first state in the united states where this is tried out. when might that be? > > we think road trains like this could be on the road in approximately 10 years, or even before that. we foresee things will be improved. adaptive cruise control will be enhanced, more drive support will enter vehicles. but, there's still the issue of legislation. we have to talk and discuss with policymakers how we can modify rules in order to allow this on public roads. one thing we will do is at the end of october, we will have a workshop in washington with policymakers to understand how we can modify legal regulations in an appropriate way. > > it sounds exciting. i'm not afraid of it, i'd love to try it. erik coelingh from volvo, thank you so much. > > ok, you're welcome. will general motors stock reach break-even is it a good value play? and why aren't gm executives being allowed to use their business jets as much? we cover it all in chart talk, next. our chart talk-meister today is matt shapiro. he runs his own company, mws capital. matt, let's talk about general motors. an interest
of the united states, dry and clear. take a look at these temperatures, though. chicago has i mentioned dropping down to 16 degrees. could be the coolest temperature you'll see this year so far. and winnipeg at 14 degrees. i can't say much for you in houston at 31 degrees. still very hot here. but we're seeing a little bit of autumn, a taste of autumn here in europe. let's take a look at a video coming out from poland first. this is from the weekend. autumn is throughout the northern hemisphere. now some people are taking a little time off to enjoy the fruits of the harvest in the polish town. low cams dress up and take part in an annual parade. in the farmer's market, people bought up seeds for next year's crop. some browsed books on growing techniques. but before then, there's a long wenter to face. across central europe, the temperatures are beginning to drop, so let's take a look at what's happening here. we actually have a cold front that is going to be just moving through poland, actually. this is why the temperatures are going to be dropping. and along the cold front we may see some very
room in the united states senate. but more then anything, the discoveries found in the vesuvian towns gave the world an enduring image of the roman world. not the bloody business of wars and conquest... or the relentless demands of running an empire. the houses and villas on the bay of naples revealed a way in which daily life could be made beautiful by the elegant craftsmanship of artisans and the refined taste of patrons.
the threat of terrorism, globally and here in the united states. the third, i think about my children a lot. what their future is like. >> a small business owner says the federal regulations made it difficult to add employees. >> if we hire the additional people we have to hire an outside firm to main tain and make sure we stay in regulation or we have to hire individuals a bring them on board to do that. >> an undecided voter says she is leaning toward one candidate for the economy and the other on social issues. >> i struggle whether i should decide on the pocketbook or the social issues. the two parties are very, very different. >> experts predict the obama and the romney campaigns will continue a significant push in virginia. to win over the undecided. >> virginia is one of the closest of the tossup states. it's nearly tied if you ample out the polls. as a consequence, the two or three or 4% hard undecided could easily make the difference. a number of undecided voters are sick of the campaign ads and tired of the robo calls asking for their votes. but with 13 electoral votes at issue he
the president has taken office, for every one dollar added to the economy, the united states has added more than 3 dollars in debt. while there's been a 12% increase in economic output, there's been a 50% increase in the national debt. those are the numbers. here's something not to get lost today. one of the biggest names in america business says the economy is getting worse. we're going to have more on why fedex is lowering its outlook. dagen: you wonder why oil is selling off. one of the biggest names in the bond market, he is here in studio. bob auwaerter coming on. bank of america, merrill lynch just said gold going to end up going to $2400 an ounce. we know how those often work out. look at oil at $96 a barrel. [ horn honks ] [ male nouncer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...e mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if somet
been made of their failure to invest and promote the pepsi brand for soda within the united states. how relevant now is the home market for investors when, for example, coke is suggesting they will invest $30 billion over the next two or three years with the bot lers to double consumption around the world? >> it's a great question. so there's been a terrific change of heart at pepsi. this year about $600 million of advertising spending behind the businesses, the bulk of that is going to happen in north america. you probably just saw they sign add deal with the nfl. clearly they feel the pressure and want to start growing some of their businesses here at home again. >> and how does that compare to mao tau kent and the mass everybody bottlers worldwide. >> remember, coke bought their bottle in the u.s. so they have a lot more skin in the game. the good die naming here on the beverage side is guys are kind of getting along and playing nicely for the first time in a while. i think they want to make more money. they're cognizant of the economic. they're making the pack sizes smaller and lift
of the united states would go behind closed doors and declare to a group of wealthy donors that half the american people view themselves as victims. romney held an impromptu press conference in california to respond. >> the president believes in what i described as a government centered society. it's not elegantly stated. let me put it that way. i am speaking off the cuff in response to a question. and i am sure i could state it more clearly in a more effective way. >> reporter: karen travers, abc news, washington. >> i suspect he will be stating it in more different ways for days to come. >> exactly. i am troubled by the fact that if you are elected president, you do have to make -- remarks that are, off the cuff, you have to be pretty diplomatic, you have meetings with heads of state. >> sure. >> and you have to choose your words carefully. so, i think in today's age when you know everything is being videotaped, to sort of say something like that, even to private, private group, private donors, and basically writing off 50% of the country, you intend to lead. it is very troubling a
grow increasingly dangerous and hostile to the united states. bill: words from secretary gates were even stronger. chuck nash, retired u.s. navy captain, fox news military analyst. captain, good morning to you and welcome back here. >> good morning. bill: what gates calls the cuts at the end of the december, mindless cuts set to take effect. what do you make of that? >> essentially what we have ngress before it adjourned set up a doomsday scenario only they told everybody. if we don't come to agreement on the cuts what will happen we'll blow the whole thing up, we'll blow up the world. it is akin to the cleavon little character in "blazing saddles", saying if you don't back off, he gets it. guess what? the guns to the head. they will let this thing counts down, go to zero and blow up. and so, it is one of those things you want it real bad and you will get it real bad. bill: what gates says after the election in november, i'm using his words now, whatever adults remain in the two political parties will make compromises necessary to put the country back in order. he is not messing aro
units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. ♪ mile after mile, to and from ♪ now there are four for all to use ♪ ♪ tell the neighbors, friends, everyone the news ♪ ♪ and let's hum, hum, hum, hum ♪ ♪ let's hum ♪ a prius for everyone ♪ there's a bigger one, if you want more space ♪ ♪ a small one if the city's your place ♪ ♪ and even one you can plug in ♪ so hop on in and give one a spin ♪ ♪ and let's hum, hum, hum, hum ♪ ♪ let's hum ♪ a prius for everyone >>> back now at 8:20 with some big changes coming to twitter. the company's ceo will explain those in just a couple of minutes, but first jason kennedy gives us a look inside the company headquarters in san francisco. jason, good morning. >> reporter: hey there, matt, good morning. twitter is just six years old and with its growing number of active users around the world, get this, the c
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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